Analyze how activities, consumers, and sellers behave are classified as follows: Perfect competition, Monopoly, Oligopoly, and Monopolistic competi...

Analyze how activities, consumers, and sellers behave are classified as follows: Perfect competition, Monopoly, Oligopoly, and Monopolistic competition. Choose the alternative that does not represent one of the characteristics of Monopoly:


a. Barrier to entry of a new competitor in the monopolistic market
b. Power: the expression monopoly power is used to characterize the privileged situation in which monopolists find themselves, in relation to the advantage of determining prices.
c. Opacity: monopolies are, by definition, opaque. Access to information about their suppliers, production processes, levels of supply, and achieved results are hardly open and transparent. The monopolistic company is characterized as impenetrable.
d. Uniqueness: there is only one seller
e. Substitutability: the product of the monopolistic company has no substitute.